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[QUOTE]Originally posted by osoaz: [QB] Cash Now (CHNW) Announces The Launch Of Its New Web Site and 2 Additional Revenue Streams Models PR Newswire - October 16, 2006 12:37 FORT LAUDERDALE, FL, Oct 16, 2006 /PRNewswire-FirstCall via COMTEX/ -- Cash Now Corporation (CHNW.PK) [URL=http://www.cashnow.com]www.cashnow.com[/URL] today announced the launch of its new corporate web site. The new site integrates all the features, goods and services offered by the company in an easy to navigate tab system. In addition the company also launched 2 additional revenue stream models, namely the "Financial Suite" and the "Sales in Motion Suite". The recently announced "Credit Suite" has been implemented, branded and will be marketed to the general public as Cash Next. The Credit Suite, is a customized online commercial lending marketplace for business loans with over 300 loan applications. The Financial Suite System is designed to automate the back end and allow easy communication with lenders and underwriters for the loan and mortgage industry. Sales in Motion is a Lead Management system that allows for lead gathering, appointing, tracking and has a built in e-mail marketing engine. Vern Khosla, Cash Now's IT project manager exclaims "These are the 3 most critical components required to operate and manage a web based financial enterprise, we are very proud to be the industry's first business aggregator and supplier of this technology". Prior to the completion of the USA version and as a market test, the Suites were initially launched in Canada and Australia in 2004 in an Alpha and Beta stages and for research and development purposes. The Australian market showed a great desire for the product. In Canada, the Canada test offered a deeply discounted price point (Approximately $10,000.00 in 2004) compared to today's pricings, and the company achieved about $500,000.00 in sales revenue. The company estimates that this sales revenue can easily be multiplied several times over with the launch into the USA market. Garr Winter, Cash Now's marketing director says "To the best of our knowledge and research there are 2 other private companies offering similar services to the industry. One is in Montreal Canada, (selling primarily to the Canadian market) which has been operating for the past two years, while the other one is in California which primarily focuses on the USA market and have been offering their program since 1983. The California company reportedly has about 3,000 agents utilizing their system at a price point of about $15,000.00 to $25,000.00 each. Neither one of these companies offers technology to their licensees, and instead they have embraced the "standard pen and paper underwriting" method. This is where Cash Now's will have both the technological and marketing advantage over these competitors, and our vigorous and aggressive marketing campaign into both Canada and USA markets will give us a competitive edge." ABOUT CASH NOW Cash Now Corporation (CHNW.PK), a pioneer in the Internet payday loan, and check cashing industry is developing the most comprehensive menu of services in the cash advance industry, all centered on the Cash Now brand. For instance, the Cash Next Super Broker concept is taking North America by storm! Our team of highly qualified financial executives know what works, and what it takes to place your loan request! Cash Next is backed by a highly experienced team, delivering blue chip solutions for businesses, and consumers. The company's proven business model includes licensing to corporately operated joint venture locations across the U.S., Canada, Australia, and UK. Cash Now offers a Payday Loan License program, Payday Express; a Payday Loan and Check Cashing License known as Check Express and an Authorized Agent Program for existing retail establishments; as well as a host of related financial services for small and medium-size businesses that includes the Cash Next broker program. Cash Now with its web based and focused outlook has won the Golden Web award in 2001, 2002, 2003 and 2005. In 2005 Profit Guide magazine ranked the Cash Now Group 10th in its list of the 50 fastest growing and most promising emerging companies. In 2005 Cash Now was ranked # 44 out of top 1000 fastest growing franchising companies by Entrepreneur guide. SOURCE Cash Now Corporation Kevin Price, Cash Now Corporation, Toll Free: (888) 224-9641, e-mail: cashnowcorp*cashnow.com, WWW: http://www.cashnow.com http://www.prnewswire.com Copyright (C) 2006 PR Newswire. All rights reserved [/QB][/QUOTE]
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